FDI in Bangladesh worth $888.48 million, representing an increase of 50.14 percent

Advertisement

In the first three months of the year 2022, from January to March, Bangladesh received FDI worth $888.48 million, representing an increase of 50.14 percent.

The net inflow of foreign investment during the same period last year was $592 million, according to figures from the Bangladesh Bank that were only just disclosed. Additionally, during the first three months of the current calendar year, FDI in the form of equity capital increased dramatically by 105.26 percent to $288.33 million, up from $140.47 million during the same period the previous year.

The reinvestment of earnings increased to $613.53 million in Q1 2022, according to data from the central bank, representing a growth of 61.11 percent over last year’s $381 million. Additionally, according to data from Bangladesh Bank, intra-company loans decreased by 119 percent in the aforementioned quarter. According to the report, the global Covid-19 epidemic was the reason for the 10.8% year-over-year reduction in FDI inflow to Bangladesh in 2020.

Advertisement
Previous articleIntertextile Shanghai Home Textiles Autumn rescheduled to 2023
Next articleIDFL officially launches a new lab & testing institute in Dhaka